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Real Estate
Reply to "Biggest RE lessons learned/mistakes made"
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[quote=Anonymous]Water, water, water. It can be the biggest threat to your home. And this may be kind of off topic but "don't sell." As in, if you can, when you're ready to move on from house #1, try to rent it out if you can get within $100-200 of the monthly mortgage payment. That renter can continue building your equity in that property, which one day could be a valuable source of income. Signed, someone who wishes they had held on to their condo in LA from the mid-2000s. [/quote]
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